Dena Bank raises Capital through Innovative Debt Instruments under Upper Tier - II Bonds

Dena Bank has announced that on September 28, 2006 the Bank had opened its Bond issue for Upper Tier-II of Rs 300 Crores including green-shoe option of Rs 150 crores, on private placement basis, to augment its capital / CRAR and raise resources for expanding Banking Business.

The issue has been over subscribed and is closed on September 29, 2006 as scheduled.

Source : Equity Bulls

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